Follow POL on Twitter - Eleventh Circuit reverses itself in Cappuccitti v. DirecTV CAFA jurisdiction case. [Jackson; earlier @ POL]
- Outrageous conduct by plaintiffs' attorney in Fosamax trial held to merit a $2500 sanction and a reduction in $8M award, but court lets liability determination by same prejudiced jury stand. I've previously complained about this odd view of "passion or prejudice" by some judges that pretends a jury to impassioned to come up with a legitimate damages award was somehow rational when it decided liability. And I'm sure an attorney in line for a $500-600k contingency fee isn't too upset about a $2500 sanction when the violation of the court order made the jury verdict possible in the first place. [Drug and Device Law; NYLJ; Boles v. Merck & Co. (S.D.N.Y. 2010)]
- Against foreclosure moratoria. [Epstein]
- SOX restrictions make preliminary earnings estimates more inaccurate. [Ribstein @ TOTM]
- Summary judgment in Ford ignition-lock class action. [Wajert]
- "Cell phones cannot cause cancer, because they do not emit enough energy to break the molecular bonds inside cells." [Scientific American; earlier @ POL]
- Class action lawyers are going to try to get away with a $0 settlement by creating barriers to objecting. Unfortunately for them, I'm a class member. [CCAF]
Around the web, October 17
Related Entries:
- Fish-nancial Fraud
- Anti-Shareholder Class Actions
- On the Supreme Court cert docket: Glazer and Butler
- Is the PCAOB Turning Back Towards AS2?
- Businessweek on class actions
- Two podcasts
- No, Virginia, the employment class action is not dead
- "A Facebook Deal That Needs Unfriending"
- FACTA shakedown files: Albright v. Bi-State Dev. Agency
- Dry Max Pampers Litigation update
- CAFA violation in Korean Air Passenger settlement
- The cy pres morass and In re BankAmerica Corp. Securities Litigation
- Dennis v. Kellogg on remand
- Silverman v. Motorola
- Marek v. Lane & Dry Max Pampers in today's NY Times
